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www.maxam.net

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www.maxam.net

MAXAM is a leading industrial group in…

Who we are

Development, manufacture and sale of civil explosives and initiation systems for the mining, quarry and infrastructure industries

Production of chemicals and fertilizers

Hunting cartridges and gunpowder for sporting use

Products for the defence industry

Energy and environmental consulting

www.maxam.net15/04/23

Who we are

Since its foundation by Alfred Nobel in 1872, MAXAM has become a multinational industrial group :

Formed by more than 140 companies

With nearly 6,000 employees worldwide

Organized in five business areas

Production facilities in more than 45 countries

And sales in more than 100, in every continent

www.maxam.net15/04/23

Our history

UEE commences activity as an independent company.

After a profound restructuring process, a period of consolidation and international expansion commences.

1994

UEE consolidates its worldwide development.

2001

The UEE Group changes its name and corporate identity to

2006

Alfred Nobel founds the Sociedad Española de la Dinamita, Privilegios A. Nobel with its head office in Galdácano, Bilbao.

1872

UEE, S.A. and the Compañía Española de Minas de Río Tinto, merge to create Unión Explosivos Río Tinto, S.A. (ERT).

1970

Unión Española de Explosivos, S.A. (UEE) is founded including Alfred Nobel´s company, amongst others, to develop powder for public works and the mining industry.

1896

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Our history

MAXAM Foundation is created:

MAXAM Collection of painting started in 1900.

Home of Explosives in the Mining and Industry Museum (MUMI) located in El Entrego (Asturias).

ETSIM´s chair in Madrid.

Collaboration with several Universities (Brazil, Bolivia, Finland, Poland, Hungary, Russia and Australia).

Patron of the ONUART Foundation.

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MAXAM’s wide range of Civil Explosives and Initiation Systems allows users to efficiently blast rock at low cost while maintaining the highest levels of safety.

MAXAM is a key specially in the development of all types of infrastructures, successfully overcoming any obstacles encountered in their construction.

MAXAM offers mines and quarries the most comprehensive range of civil explosives and initiation systems best suited to their needs, thereby optimising operating costs.

Business Units

Civil Explosives

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Since 1899, when gunpowder was first produced for sporting purposes, MAXAM Outdoors has been one of the leaders in this sector.

MAXAM Outdoors products meet the most exacting technical specifications for different modes of hunting and target shooting.

Operating under the strictest quality and safety controls, we have a fully integrated production chain producing reliable, high-performing ammunition reaching millions of game and target shooters in more than 70 countries.

Business Units

Outdoors

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MAXAM Chem’s activity is focused on maintaining the highest technological knowledge of primary raw materials, such as nitrocellulose and ammonium nitrate, required by the MAXAM Group.

Through collaboration with other manufacturers, MAXAM obtains the best supply solutions for these materials thus guaranteeing the optimum quality of its products.  

Key to the work in Chem´s area of business is our commitment to R&D&I. Our professionals work to create new technological developments for use in the manufacture of our products, collaborating in the progress of the world in which we all live.

ChemBusiness Units

Chem

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MAXAM Defence is the leading private Spanish company in this sector offering a wide range of highly advanced products for defence purposes.

MAXAM Defence also offers other military services such as the destruction, recovery and recycling of all types of munitions and explosives, decontamination and cleaning of land used by the military or in areas of conflict, as well as maintenance of vehicles and aircraft systems.

DefenceBusiness Units

Defence

www.maxam.net15/04/23

MAXAM Energy was formed as a result of our success in diverse projects undertaken with the objective of utilising and optimising our own technological developments in the areas of safety and the environment.

MAXAM Energy provides advice on the handling, storage and transport of hazardous goods with the object of always working in conditions of maximum security.

Our respect for the environment has given rise to initiatives such as the project to regenerate impoverished land for forestry or agricultural use, putting to good use land owned by MAXAM in Páramo de Masa, Burgos, Spain.

EnergyBusiness Units

Energy

www.maxam.net15/04/23

MAXAM Group Products

Initiation SystemsInitiation Systems

Civil ExplosivesCivil Explosives

Energy

Chem

Defence

Outdoors

Electric detonatorsNon-electric detonatorsElectronic detonators

Detonating cordBoosters

Safety fuse

Electric detonatorsNon-electric detonatorsElectronic detonators

Detonating cordBoosters

Safety fuse

Cartridged explosivesBulk explosives

Seismic explosivesDelivery systems

Cartridged explosivesBulk explosives

Seismic explosivesDelivery systems

Environment consulting Wind Energy

Raw materials:Ammonium nitrate

NitroceluloseFine chemical

Ammonitions and energetics, weapons systems, maintenance

and demil services

CartridgesComponents

Powder

Mining

Public sector

Infrastructures

Quarries

Mining

Public sector

Infrastructures

Quarries

Internal resources and abilities

Internal needs

Chemical sector

Defence Minitries(NATO Area)

Defence Companies

Shooting clubs

Hunting

BUSINESS AREA MAIN PRODUCTS CLIENTS

#1 in Europe

# 2 worldwide

#1 in Europe

# 2 worldwide

# 1 worldwide

# 1 in Demilitarization Recycling in Europe

# 1 in Europe

LEADERSHIP

# 1 in Europe# 1 in Europe

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MAXAM ShareholdersMAXAM Shareholders

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MAXAM Managers55 %

Represented byJosé F. Sánchez-Junco

Chairman & CEO

Advent International

45 %

MAXAM management

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Chief Technology Officer (CTO)Ralph Ostarek

Functions Functions

CHAIRMAN & CEOJosé F. Sánchez-Junco

SUBSIDIARIESGMs

MAXAM INITIATION SYSTEMS(MIS) GM

MAXAM AMMONIUM NITRATE(MAN) GM

Chief Operating Officer (COO)Manufacturing & Supply Chain

José Manuel Mellado

Global Head Human ResourcesFernanda Cardama

Institutional Relations &Corporate Social Responsibility

Ana Rubio

General Counsel &Secretary to the Board (1)

Carlos Gastañaduy

Chief Financial Officer (CFO)Miguel Camino

Internal Audit &Compliance OfficerJuan Carlos Vaquero

Global Head Strategy &Corporate Development

Juan José Montoro

CIVIL EXPLOSIVESGeneral Manager (CE GM)

Germán Morales

OUTDOORS GM DEFENSE GM CHEM GM

Functions Functions

BUSINESS UNIT’SGeneral Manager (BUs GM)

Fernando Cubells

F2009 Turnover: 800 M€FY14 Turnover: 1100 M€

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(*) Fiscal years close on March 31st.

CAGR = 13,9 %

F2009 Ebitda: 115 M€Ebitda FY14: 132 M€

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(*) Fiscal years close on March 31st.

CAGR = 11,4 %

FY14 Turnover: 1100 M€

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CIVIL EXPLOSIVES74%

OUTDOORS 8%

DEFENCE 13%

CHEM 5%

FY14 Turnover: 1100 M€

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NORTH AMERICA 13,2%

RUSSIA 4%

SOUTH AMERICA 11,1%

ASIA 11,5%

AFRICA 12,6%

AUSTRALIA 5,8%

EUROPE 41,8%

Employees

Abroad

Spain

www.maxam.net15/04/23

4,606

1,360

MAXAM Worldwide

www.maxam.net15/04/23

(*) Under incorporation

*

MAXAM Worldwide

www.maxam.net15/04/23

Civil Explosives

Outdoors

Chem

Defence

Energy